TRI POINTE HOMES INC (TPH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TPH - US87265H1095 - Common Stock
32.08 USD
-0.9 (-2.73%)
32.1 USD
+0.02 (+0.06%)
Taking everything into account, TPH scores 5 out of 10 in our fundamental rating. TPH was compared to 61 industry peers in the Household Durables industry. TPH has an excellent financial health rating, but there are some minor concerns on its profitability. TPH is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TPH had positive earnings in the past year.
In the past year TPH had a positive cash flow from operations.
In the past 5 years TPH has always been profitable.
In the past 5 years TPH always reported a positive cash flow from operatings.
1.2 Ratios
TPH has a Return On Assets (6.22%) which is comparable to the rest of the industry.
With a Return On Equity value of 9.39%, TPH perfoms like the industry average, outperforming 52.46% of the companies in the same industry.
TPH has a Return On Invested Capital (6.45%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for TPH is in line with the industry average of 9.73%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.22% | ||
| ROE | 9.39% | ||
| ROIC | 6.45% |
ROA(3y)9.52%
ROA(5y)9.28%
ROE(3y)15.16%
ROE(5y)15.46%
ROIC(3y)10.2%
ROIC(5y)10.07%
1.3 Margins
Looking at the Profit Margin, with a value of 8.27%, TPH is in the better half of the industry, outperforming 72.13% of the companies in the same industry.
TPH's Profit Margin has improved in the last couple of years.
TPH's Operating Margin of 10.40% is fine compared to the rest of the industry. TPH outperforms 67.21% of its industry peers.
TPH's Operating Margin has improved in the last couple of years.
TPH's Gross Margin of 22.20% is on the low side compared to the rest of the industry. TPH is outperformed by 68.85% of its industry peers.
TPH's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.4% | ||
| PM (TTM) | 8.27% | ||
| GM | 22.2% |
OM growth 3Y-5.72%
OM growth 5Y7.18%
PM growth 3Y-4.72%
PM growth 5Y8.69%
GM growth 3Y-2.33%
GM growth 5Y2.47%
2. Health
2.1 Basic Checks
TPH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
TPH has less shares outstanding than it did 1 year ago.
The number of shares outstanding for TPH has been reduced compared to 5 years ago.
TPH has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.84 indicates that TPH is not in any danger for bankruptcy at the moment.
TPH's Altman-Z score of 3.84 is fine compared to the rest of the industry. TPH outperforms 62.30% of its industry peers.
TPH has a debt to FCF ratio of 4.34. This is a neutral value as TPH would need 4.34 years to pay back of all of its debts.
TPH's Debt to FCF ratio of 4.34 is in line compared to the rest of the industry. TPH outperforms 57.38% of its industry peers.
TPH has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
TPH has a Debt to Equity ratio (0.36) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 3.84 |
ROIC/WACC0.74
WACC8.77%
2.3 Liquidity
A Current Ratio of 9.02 indicates that TPH has no problem at all paying its short term obligations.
TPH's Current ratio of 9.02 is amongst the best of the industry. TPH outperforms 90.16% of its industry peers.
A Quick Ratio of 1.99 indicates that TPH should not have too much problems paying its short term obligations.
The Quick ratio of TPH (1.99) is better than 85.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.02 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
The earnings per share for TPH have decreased strongly by -29.67% in the last year.
The Earnings Per Share has been growing by 26.86% on average over the past years. This is a very strong growth
The Revenue for TPH has decreased by -16.60% in the past year. This is quite bad
The Revenue has been growing slightly by 7.82% on average over the past years.
EPS 1Y (TTM)-29.67%
EPS 3Y5.7%
EPS 5Y26.86%
EPS Q2Q%-45.76%
Revenue 1Y (TTM)-16.6%
Revenue growth 3Y4.1%
Revenue growth 5Y7.82%
Sales Q2Q%-25.74%
3.2 Future
Based on estimates for the next years, TPH will show a very negative growth in Earnings Per Share. The EPS will decrease by -12.83% on average per year.
Based on estimates for the next years, TPH will show a decrease in Revenue. The Revenue will decrease by -8.56% on average per year.
EPS Next Y-41.4%
EPS Next 2Y-29.44%
EPS Next 3Y-12.83%
EPS Next 5YN/A
Revenue Next Year-23%
Revenue Next 2Y-16.48%
Revenue Next 3Y-8.56%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.46, the valuation of TPH can be described as very reasonable.
Based on the Price/Earnings ratio, TPH is valued a bit cheaper than 68.85% of the companies in the same industry.
TPH is valuated cheaply when we compare the Price/Earnings ratio to 26.39, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 13.34 indicates a correct valuation of TPH.
TPH's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.84. TPH is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.46 | ||
| Fwd PE | 13.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TPH is valued a bit cheaper than the industry average as 63.93% of the companies are valued more expensively.
TPH's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TPH is cheaper than 81.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.16 | ||
| EV/EBITDA | 7.48 |
4.3 Compensation for Growth
The decent profitability rating of TPH may justify a higher PE ratio.
A cheap valuation may be justified as TPH's earnings are expected to decrease with -12.83% in the coming years.
PEG (NY)N/A
PEG (5Y)0.35
EPS Next 2Y-29.44%
EPS Next 3Y-12.83%
5. Dividend
5.1 Amount
No dividends for TPH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
32.08
-0.9 (-2.73%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners104.87%
Inst Owner Change-0.01%
Ins Owners2.67%
Ins Owner Change0%
Market Cap2.76B
Revenue(TTM)3.75B
Net Income(TTM)310.14M
Analysts76.36
Price Target38.66 (20.51%)
Short Float %5.78%
Short Ratio5.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)10.43%
Min EPS beat(2)-0.99%
Max EPS beat(2)21.86%
EPS beat(4)3
Avg EPS beat(4)16.95%
Min EPS beat(4)-0.99%
Max EPS beat(4)41.57%
EPS beat(8)7
Avg EPS beat(8)17.34%
EPS beat(12)11
Avg EPS beat(12)22.86%
EPS beat(16)15
Avg EPS beat(16)21.18%
Revenue beat(2)2
Avg Revenue beat(2)10.4%
Min Revenue beat(2)8.24%
Max Revenue beat(2)12.55%
Revenue beat(4)3
Avg Revenue beat(4)5.09%
Min Revenue beat(4)-0.53%
Max Revenue beat(4)12.55%
Revenue beat(8)7
Avg Revenue beat(8)5.22%
Revenue beat(12)11
Avg Revenue beat(12)9.67%
Revenue beat(16)15
Avg Revenue beat(16)8.4%
PT rev (1m)0%
PT rev (3m)-2.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.64%
EPS NY rev (1m)0%
EPS NY rev (3m)4.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.46 | ||
| Fwd PE | 13.34 | ||
| P/S | 0.73 | ||
| P/FCF | 10.16 | ||
| P/OCF | 9.17 | ||
| P/B | 0.84 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | 7.48 |
EPS(TTM)3.39
EY10.57%
EPS(NY)2.4
Fwd EY7.5%
FCF(TTM)3.16
FCFY9.84%
OCF(TTM)3.5
OCFY10.91%
SpS43.65
BVpS38.42
TBVpS36.59
PEG (NY)N/A
PEG (5Y)0.35
Graham Number54.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.22% | ||
| ROE | 9.39% | ||
| ROCE | 8.66% | ||
| ROIC | 6.45% | ||
| ROICexc | 7.82% | ||
| ROICexgc | 8.38% | ||
| OM | 10.4% | ||
| PM (TTM) | 8.27% | ||
| GM | 22.2% | ||
| FCFM | 7.23% |
ROA(3y)9.52%
ROA(5y)9.28%
ROE(3y)15.16%
ROE(5y)15.46%
ROIC(3y)10.2%
ROIC(5y)10.07%
ROICexc(3y)12.93%
ROICexc(5y)12.56%
ROICexgc(3y)13.88%
ROICexgc(5y)13.51%
ROCE(3y)13.7%
ROCE(5y)13.52%
ROICexgc growth 3Y-4.63%
ROICexgc growth 5Y13.56%
ROICexc growth 3Y-4.66%
ROICexc growth 5Y13.81%
OM growth 3Y-5.72%
OM growth 5Y7.18%
PM growth 3Y-4.72%
PM growth 5Y8.69%
GM growth 3Y-2.33%
GM growth 5Y2.47%
F-Score4
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 4.34 | ||
| Debt/EBITDA | 2.8 | ||
| Cap/Depr | 98.11% | ||
| Cap/Sales | 0.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.56% | ||
| Profit Quality | 87.48% | ||
| Current Ratio | 9.02 | ||
| Quick Ratio | 1.99 | ||
| Altman-Z | 3.84 |
F-Score4
WACC8.77%
ROIC/WACC0.74
Cap/Depr(3y)108.44%
Cap/Depr(5y)98.73%
Cap/Sales(3y)0.73%
Cap/Sales(5y)0.73%
Profit Quality(3y)88.62%
Profit Quality(5y)109.85%
High Growth Momentum
Growth
EPS 1Y (TTM)-29.67%
EPS 3Y5.7%
EPS 5Y26.86%
EPS Q2Q%-45.76%
EPS Next Y-41.4%
EPS Next 2Y-29.44%
EPS Next 3Y-12.83%
EPS Next 5YN/A
Revenue 1Y (TTM)-16.6%
Revenue growth 3Y4.1%
Revenue growth 5Y7.82%
Sales Q2Q%-25.74%
Revenue Next Year-23%
Revenue Next 2Y-16.48%
Revenue Next 3Y-8.56%
Revenue Next 5YN/A
EBIT growth 1Y-32.9%
EBIT growth 3Y-1.86%
EBIT growth 5Y15.56%
EBIT Next Year-20.32%
EBIT Next 3Y-8.94%
EBIT Next 5YN/A
FCF growth 1Y-62.61%
FCF growth 3Y19.93%
FCF growth 5Y18.68%
OCF growth 1Y-59.94%
OCF growth 3Y18.39%
OCF growth 5Y17.11%
TRI POINTE HOMES INC / TPH FAQ
What is the ChartMill fundamental rating of TRI POINTE HOMES INC (TPH) stock?
ChartMill assigns a fundamental rating of 5 / 10 to TPH.
What is the valuation status of TRI POINTE HOMES INC (TPH) stock?
ChartMill assigns a valuation rating of 6 / 10 to TRI POINTE HOMES INC (TPH). This can be considered as Fairly Valued.
Can you provide the profitability details for TRI POINTE HOMES INC?
TRI POINTE HOMES INC (TPH) has a profitability rating of 6 / 10.
What is the valuation of TRI POINTE HOMES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TRI POINTE HOMES INC (TPH) is 9.46 and the Price/Book (PB) ratio is 0.84.